Road to Recovery Long and Slow - Cbi

Liverpool EchoJuly 27, 2009

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Summary


THE contraction in manufacturing output is easing, but a return to growth could still be some way off, the latest quarterly CBI Industrial Trends Survey shows.

The volume of manufacturing output continued to fall in the three months to July, with 43% of firms saying it declined, and just 12% saying it rose, giving a balance of -31%. This figure represented a slower rate of decline than the previous three months, when the balance was -53%.

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Road to Recovery Long and Slow - Cbi

However, a return to gr...

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